Binance Review
Editor's ChoiceWorld's largest crypto exchange by trading volume
★★★★½4.9(12,400 reviews)Overall Rating
4.9/5 ★
Maker Fee
0.10%
Taker Fee
0.10%
Countries
8+
Quick Summary
World's largest crypto exchange by trading volume. Rated 4.9/5 with maker fee of 0.10%. Editor's top pick for most users.
Pros & Cons
How we review →Pros
- ✓Lowest fees in the industry
- ✓Highest liquidity globally
- ✓Supports 100+ payment methods
- ✓Strong security track record
Cons
- ✗Complex interface for beginners
- ✗Restricted in some US states
🌐 Official Backup URLs
Only use backup domains listed here or in official announcements — beware of phishing lookalikes.
Who Is Binance For?
Best for
- ✓Lowest spot fees and the deepest liquidity anywhere
- ✓P2P buying in emerging markets (huge local-currency selection)
- ✓Traders who want the widest range of coins and products
Look elsewhere if
- ✕US residents (must use the separate Binance.US)
- ✕Complete beginners who find dense interfaces overwhelming
Key Features
How to Buy Bitcoin on Binance — Step by Step
Go to Binance
Click the 'Open Account' button to open Binance in a new tab.
Create your account
Enter your email address and create a strong, unique password. Verify your email address via the confirmation link.
Enable 2FA security
Go to security settings and enable two-factor authentication using Google Authenticator. This protects your account from unauthorized access.
Complete KYC verification
Upload a government-issued photo ID (passport or driver's license). Verification usually takes 5–15 minutes. Some regions may require a selfie.
Deposit funds
Add money via bank transfer (cheapest), credit/debit card (fastest), or P2P. Bank transfers may take 1–3 business days.
Buy Bitcoin
Navigate to "Buy Crypto" → Select Bitcoin (BTC) → Enter your amount → Review the fee → Confirm. Bitcoin will appear in your account within seconds.
Secure your Bitcoin (recommended)
For holdings over $500, consider transferring to a hardware wallet like Ledger or Trezor for full self-custody.
Binance Fees
| Fee Type | Rate |
|---|---|
| Spot Maker | 0.10% |
| Spot Taker | 0.10% |
| Credit/Debit Card Purchase | ~1.8% (varies by region/provider) |
| P2P Trading | 0% (maker side) |
| Bank Transfer Deposit | Free (most regions) |
| Bitcoin Withdrawal | Dynamic network fee (BTC) |
How Binance's Fees Compare
Supported Countries
Recommended Exchange
Ready to buy Bitcoin on Binance?
Maker: 0.10% · Taker: 0.10% · Rating: 4.9/5
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